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(a) Reduce fiscal deficit to 4.5% of GDP by 2025-26
(b) Reduce fiscal deficit to 6.4% of GDP by 2022-23
(c) Increase fiscal deficit to 9.2% of GDP by 2021-22
(d) Maintain fiscal deficit at 6.7% of GDP in FY21-22
Ans.(a)
Sol. The Finance Minister aims to achieve a steady decline in the fiscal deficit, reaching below 4.5% of GDP by 2025-26.